Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents …'s accumulation of wealth and investor behavior as adults, even when removing the genetic connection between children and the parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation …

Why do the children of wealthy parents accumulate more wealth than children from poorer backgrounds? Does parental … much wealth do parents give directly to their children? What other channels are involved in the persistence of wealth from … light on why wealth inequalities persist across generations in the UK,using data that measure the wealth of parents and …

parents may compensate or reinforce children's endowments relevant to educational attainment. A sibling difference estimation … stronger assumptions about the timing of parents' knowledge of their children's endowments and about the technology used to … childhood parental employment and subsequent education of children. In a model in which parental preferences are separable in …

poverty among all households and among those with children, and using multiple poverty measures (relative and absolute, pre …

-wing. Parents, politicians and voters are probably not aware of this phenomenon - nor are social scientists. The paper discusses its …